Tag: Interactive Brokers

July 08, 2015 BY Mike Fox

U.S. Retail Forex assets up 1.18% in May; Interactive Brokers gains share...

Retail Foreign Exchange Dealers (RFEDs) in the U.S saw a slight bump up in assets held from April to May per data reported by the CFTC today. U.S. regulated RFEDs saw client assets slightly increase 1.18% during the month of May to $568 million, up from the  $562 million reported in April. April was the second lowest total since record keeping began,…

Read more
July 03, 2015 BY Mike Fox

ASIC provides update on Interactive Brokers Forex offering

ASIC today provided an update on its regulation of US-based online brokerage firm Interactive Brokers Group, Inc. (NASDAQ:IBKR). Last week, the Australian Securities & Investments Commission (ASIC) halted Interactive Brokers (IB) Forex OTC services within the country. Back in December 2013, ASIC granted an extended a no-action position to IB regarding its FX business on the basis…

Read more